Move Is Firm's Latest Bid to Reshape Itself and Refocus on Core Businesses

PARIS—Alcatel-Lucent SA confirmed Tuesday a deep job-cuts plan, the latest step in the telecommunications-equipment maker's plan to reshape itself as a smaller company focused on a handful of core businesses.

The loss-making company said it would reduce its workforce by a net figure of 10,000 world-wide, or roughly 15%, while halving its number of "business hubs."